Whoa, new handle! I almost didn't recognize this thread. Have you always traded from an actual office? Tell me more about the significance of having an outside office. Do you have clients or running a prop? I think most people just trade from their homes to save on the commute and office rent.
Yes, I do most of my trading from my office but I am at least partially setup to trade from home (two monitor setup) I use Interactive Brokers for execution and TradeStation for charting and screening. I don't have any clients but I do wish to trade either for a fund (either mine or another) at some point. Having an office allows me to focus on what I am doing. Office rent must be weighed with ability to trade to your fullest and I feel in my case its worth it. Happy holidays to you and I wish you the best in trading.
I have been scalping OI and fading the move up. I also sold a couple of USO Jan 26 PUTS. If USO continues its move downward I will continue to sell out of the money puts as my charts are telling me we should see a retracement at some point before the end of the contract. OI + 624 RMBS + 22 + 647 Day + 1606 Week
Enjoyed a nice Christmas with my family and once again it was a true joy to watch my boys open up their gifts. I gave my wife a frying pan AND a nice watch. She is getting used to my gag gifts as she said âI am not getting mad this time as I know you still gave me something niceâ. I guess I need to come up with some new tricks for next year. Surprised that today is a full trading day. I would have guessed that we would end early. I did not get any full signals but I was able to scalp some to get some gains for the day. Still Short OI and will carry over the weekend. Scalped only + 257 Day +1863 Week
Traded out of OI with a small loss and then traded it again near the close to end up a little. In light of the fact that I ended the day yesterday way underwater I was very pleased to see I could exit at about even. + 27 I tried to trade a fade with GM but without shares to borrow I could not really do much with it. I did trade some options but broke about even with that and lost interest. + 6 I started to sell GE Feb 13 Puts today. I sold two for .53. I will offer more if GE continues its slide as a fade against the move. AAPL feel off the chair when a news report came out that Steve Jobs was going to miss an event due to health issues. As a result the price was all over the map and moving fast. made for some very good trading. + 264 FSP appeared to be in play enough to allow for some scalping. Volume made it tough to do so and I will carry over to tomorrow my short. + 298 Day
Good way to end the year. For the last day of trading this year it was a lot more busy than expected. I was able to get some nice scalps and even had one trade. SFD H - very slow moving and if I would have given it more time I would have a larger gain but it was still a very good trade. Never was a loser beyond the point where I entered in to it for a very brief time. + 309 I sold some RGLD Jan 50 Calls based on a new signal that is based on weekly bars. 6BW This is a swing trade and I expect to add to this if RGLD continues to move higher. PHH 6B - gave a signal during the close of the trading that I entered into thinking it may be held over until Friday. I still as of this post have a short of 400 shares to carry over. + 70 The rest of the trades today was based on scalping for small amounts PSD + 175 OI + 23 JEC + 84 FSP + 168 IRM + 99 FLIR + 44 +974 Day - 2965 Week + 1562 Month 13300 shares + 974
Back from Las Vegas and started out the day feeling and trading very well. After having a long string of trades that did very well I have been thinking that I need to push my trades for more profit and not exit so quickly. SQNM H, 6B, I received a strong short signal with SQNM and very quickly I had an unrealized gain of over $2000 but I did not scalp or cover much as I was looking for a gain of about $4000 as I traded a large amount of shares. So far the plan was going well and I believed all was on track. While the SQNM chart didnââ¬â¢t look as good as I have seen it did look very good. One issue with it that I glossed over was that the average trading volume is pretty light which has been know to make stocks really move if they get some wind under their wings. I allowed SQNM to move from a profitable trade to a very ugly looking trade during the course of the day. That along with other mistakes like not scalping with more aggression allowed SQNM to beat up my account. I still have a large short that I am carrying over to tomorrow. - 1817 XTO H, + 71 SUN H, + 23 RMBS gap up after 6B, + 311 DE H, + 105 - 1305 Day / Week - 980 Month 34400 Shares